<h3>The Role at a Glance</h3><p>In this position, you will be responsible for driving cost optimization and operational efficiency across the organization. Key responsibilities include:</p><ul><li><p>Strategic Sourcing: Developing sourcing plans, category management, and vendor rationalization.</p></li><li><p>Negotiation & Contracts: Leading commercial negotiations and finalizing contracts to ensure favorable terms and risk mitigation.</p></li><li><p>Compliance: Ensuring all procurement activities adhere to regulatory requirements and audit standards—critical in a highly regulated exchange environment.</p></li><li><p>Leadership: Mentoring the procurement team and fostering long-term strategic supplier partnerships.</p></li></ul><h3>What We Are Looking For</h3><ul><li><p>Experience: 8–12+ years of relevant experience in Procurement and Strategic Sourcing.</p></li><li><p>Background: Exposure to the BFSI, financial services, or exchange sectors is highly preferred.</p></li><li><p>Education: MBA or PGDM, ideally with a focus on Supply Chain or Operations.</p></li><li><p>Skills: Strong analytical abilities, commercial acumen, and excellent stakeholder management skills.</p></li></ul><h3>experience</h3>15

Key Result Areas:<br />• Develop and implement procurement strategies to meet the organizations objectives and targets.<br />• Manage and lead procurement portfolio of INR 100 to 150 Cr / annum.<br />• Responsible for key purchase decisions directly influencing the P&L of the Business.<br />• Identify, Evaluate, and select suitable vendors / suppliers for various Chemical Raw Material, Packing Material, General Items, CAPEX, and consumables.<br />• Negotiate terms & conditions, competitive pricing, delivery schedules, payment terms and long-term supply agreements wherever feasible.<br />• Maintain healthy relationships with key suppliers to ensure timely delivery of quality goods and services.<br />• Proactively address concerns that arise during the procurement process.<br />• Regularly monitor inventory levels and ensure optimal stock levels to meet demand while minimizing excess inventory.<br />• Coordinate with cross functional departments to forecast future demand and plan procurements.<br />• Constantly analyse pricing market trends, market conditions and supplier performance to identify cost optimization initiatives.<br />• Execute and sustain best in class industry practices.<br />• Implement cost optimization & saving strategies without compromising quality or service.<br />• Ensure procurement process is followed as per the contracts with suppliers.<br />• Adhere to legal and regulatory compliances.<br />• Spearhead revisions in contract (AMC).<br />• Collaborate with quality control and assurance teams to ensure that purchased goods and services meet the required quality standards and specifications.<br />• Continuously evaluate and improve procurement processes to enhance efficiency.• Implement best practices and innovative solutions to optimize the working of the procurement function.<br />• Analyse procurement budget, report and track expenditures to respective stakeholders.<br />• Develop contingency plans to sustain the operations continuity.<br />• Analytical skill in terms of price and market trending globally.<br />• MS word, excel and PPT skills<br />• SAP (MM) knowledge for view PR, PO release, stock check, material movement, BOM etc.<br />• Work closely with development teams for delivering goods on-time.<br />• Preparing reports weekly, monthly, Half Yearly and Yearly.<br />• Monitoring internal team and performance<br />• Prepare SOP and its adherence<br />• Develop and strengthen the team members in technical and behavioural competencies.<h3>experience</h3>15

<p>Supply Chain Lead</p><p>Industry - Pharmaceuitical</p><p>Location - BKC Mumbai</p><p> </p><p>Planning activities. He/She :  </p><ul><li><ul><li>Translates the demand (through sales forecasts) into a Monthly Production schedule, that he/she communicates to the CMO and ensures its feasibility, </li><li>Plans and executes the supply of the API to the CMO, necessary for the production </li><li>Controls the adherence of the production at the CMOs to the agreed plan </li><li>Participates to the S&OP process to escalate, when necessary, issues for decision or trade-offs </li></ul></li></ul><p> </p><p>Inventory management & follow-up. He/She : </p><ul><li><ul><li>Updates inventories in the IS along the physical flow of materials (PO receipt, Material consumptions, Product and Semi Finished Products completion, Adjustments and discards, …) </li><li>Guarantees the reliability of inventory in the Information System  </li></ul></li></ul><p> </p><p>Logistics and warehousing activities. He/She </p><ul><li><ul><li>Ensure the routine communication with the entity in charge of storage of the goods (CMO or 3PL) </li><li>Organises transportation of the goods between CMO and 3PL and updates inventory management system accordingly </li><li>Prepare the export documentation preparation with the CMO</li><li>Manages relation with customs (importation of API / exportation of FP) </li><li>Prepares the shipment of the goods to customers (external / internal) or warehouses, in relation with Global Distribution team </li><li> </li></ul></li></ul><p>Coordination between other SC Group functions, VPT and/or CMO </p><ul><li><ul><li>Facilitates the communication between Packaging TCOE’s team and CMO for artwork management and serialization topics </li></ul></li></ul>Preferred point of contact of Master Data Management (MDM) team <h3>experience</h3>12